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, so that means you'll have less money taxed when you buy your taxes next year. so there's still time to do that. >> are there limits on the amount you can do that on? you can't just put your whole pay check on. >> no, if you're under 50, you can put up to 17,500 in 401k this year. if you're 50 or over, you can put 23,000. so most of us have a lot more room to go. >> and chances are you're not writing a 23,000 check at the end of the year. >> you can't do that anyway. it has to come out of your pay check. you need to talk to your human resources department to put it into your 401k. is there a cut off? december 31st? >> you can make them right up until the end of the year. i tell people, if you use a credit card to make your charitable contributions, and most big charities are happy to accept credit. even if you've paid off the credit card by december 31, it still counts as a contribution for 2013. if you're in a hurry, you have money coming in in january, you can charge your charitable contributions by december 31st. that's a deductible expense for 2013. >> when
, so that means you'll have less money taxed when you buy your taxes next year. so there's still time to do that. >> are there limits on the amount you can do that on? you can't just put your whole pay check on. >> no, if you're under 50, you can put up to 17,500 in 401k this year. if you're 50 or over, you can put 23,000. so most of us have a lot more room to go. >> and chances are you're not writing a 23,000 check at the end of the year. >> you can't do that anyway. it...
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which meant that in addition to paying taxes to them, they had to pay taxes to the united states. and that meant that most all of them immediately left there. so i had no idea that president mandela or at that time when he was released from jail before i went back for the campaign. and someone was telling him about the rangel amendment, and he said no, not the rangel amendment. i said i'm going to be embarrassed. he said no, in south africa it's known as the bloody rangel amendment to the whites. his sense of humor on serious issues is equality that quite frankly and i've given it a lot of thought before i've said that that i've never seen or heard that anyone would ever have. >> congressman charlie rangel, always good to have you on the program. but thank you so much for coming in on this day in particular. it's good to see you. >> thank you, chris. >> we will return to our coverage of nelson mandela's life after the break. south africans have been singing and celebrating in the streets. ] the rhythm of life. [ whistle blowing ] where do you hear that beat? campbell's healthy req
which meant that in addition to paying taxes to them, they had to pay taxes to the united states. and that meant that most all of them immediately left there. so i had no idea that president mandela or at that time when he was released from jail before i went back for the campaign. and someone was telling him about the rangel amendment, and he said no, not the rangel amendment. i said i'm going to be embarrassed. he said no, in south africa it's known as the bloody rangel amendment to the...
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Dec 8, 2013
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these are down to $16,000 when you include federal tax credits. the government encourages you. >> tell us about those? is it worth it to do it for the tax credit? >> it's a good deal. average price is $30,000. you can't go very far on it, not happy in it. i haven't ridden in it. i'm just talking about what consumer reports said. >> you would class it up. >> i would pimp that ride, absolutely. >> what are car manufacturers thinking? is this a big bottom line boost for them or will they back off because they are not earning money on them? >> they are really cutting into their margins. they are doing that because there's no other way to move these things off the lot. again, a lot has to do with gas prices. once they go up we see more demand. prices for other cars are going up. in one month from october to november, on average 3%, 1.1% year over year. these drastic price cuts could get them off the lot. >> would be nice to get into a tesla. >> it's a pretty car. >> as far as the gas prices you're talking about, the gas taxes are going up? >> they coul
these are down to $16,000 when you include federal tax credits. the government encourages you. >> tell us about those? is it worth it to do it for the tax credit? >> it's a good deal. average price is $30,000. you can't go very far on it, not happy in it. i haven't ridden in it. i'm just talking about what consumer reports said. >> you would class it up. >> i would pimp that ride, absolutely. >> what are car manufacturers thinking? is this a big bottom line boost...
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Dec 6, 2013
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maybe you know with cuts and taxes in the race is a goal and six the unit added differences all differences. and that is the will to do that. without being overly self conscious about his bc don't go in camps makes the bunnies the rainbow nation would like to represent. it deals with real problems including racial prejudice from all sides. some think will be on top of the coast and how to deal with on a frequent basis so they say it's become less of an issue and posted on its africa. i o line is in english here are a handful hated the doctors the doctor and the can and that's exactly the point is that celebrate the fact that in europe in the number of european descent and pensions african and african descent the nineteen ninety one even knows some months now the final of the road the seeing the spring books to really chew on it and most of the symbolic moment ruby was then and some might say. still it's nice to know quite expensive if you put into history books to be celebrated next to him. there were delivered the message so the ones in africa and student twenty four weeks this was a semin
maybe you know with cuts and taxes in the race is a goal and six the unit added differences all differences. and that is the will to do that. without being overly self conscious about his bc don't go in camps makes the bunnies the rainbow nation would like to represent. it deals with real problems including racial prejudice from all sides. some think will be on top of the coast and how to deal with on a frequent basis so they say it's become less of an issue and posted on its africa. i o line...
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Dec 10, 2013
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have become a part of life in the capital athens the return to fiscal health continues with higher taxes pay cuts layoffs and privatization over the weekend parliament passed the twenty fourteen budget with an additional three billion euro was in talks with international lenders say that's not nearly good enough. now to get pg season human coastal counties beginning to look a little bit last minute him. chimneys th show is the laces were to be testing grounds as the future of express delivery. well today the military helicopter took off on a first test flight but will not replace approach them not to stand in the whaling is a range of one kilometer likely mrs and her gentle embrace hard to reach places. other giants like you cast members are also testing tool too. for china has been an incredible year for buying munich star strong for variety french winger won the trouble with my last season now he's been shortlisted for soccer's biggest individual prize twelve. brittany is one of the plan seemed content to produce his own goal which is within the coast every year the player who played s
have become a part of life in the capital athens the return to fiscal health continues with higher taxes pay cuts layoffs and privatization over the weekend parliament passed the twenty fourteen budget with an additional three billion euro was in talks with international lenders say that's not nearly good enough. now to get pg season human coastal counties beginning to look a little bit last minute him. chimneys th show is the laces were to be testing grounds as the future of express delivery....
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Dec 6, 2013
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now, he's going to unveil this economic plan for this financially struggling city which focuses on tax cuts in lieu of government stimulus programs. we know now because a federal judge said because it is a city that's eligible to file nor chapter 9. so is this part of the trip clearly a political one to wrangle more votes towards the republican party. but is rand paul a true economic crusader like detroit needs? >> he's not the crusader that detroit needs right now. if you cut away from a lot of the flash, what you're looking at here is a good old trickle down economics. the idea is if you cut taxes for those at the top of the scale, you're going to generate enough economic activity to provide employment opportunities for everybody else. that has not worked on a national scale, and it's going to be particularly i think fool hearted in a place like detroit which actually needs support. not permanent, not forever, but to just get back on its feet. i think that's quite clear if you look at what the city's been going through. >> jared bernstein former chief economist for vice president joe
now, he's going to unveil this economic plan for this financially struggling city which focuses on tax cuts in lieu of government stimulus programs. we know now because a federal judge said because it is a city that's eligible to file nor chapter 9. so is this part of the trip clearly a political one to wrangle more votes towards the republican party. but is rand paul a true economic crusader like detroit needs? >> he's not the crusader that detroit needs right now. if you cut away from a...
SFGTV: San Francisco Government Television
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Dec 10, 2013
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plans policy by issuing new bonds as old ones retire and meaning there will be no increase in property tax rates. colleagues, i do hope that you will join us in supporting this essential earthquake safety emergency response bond for the june ballot at its core, this bond measure is about protecting san francisco's future. ~. i do have one other item, which is a resolution on the topic of fracking. colleagues, you've probably known there has been a national and state debate about hydraulic fracturing, which is known as fracking. fracking is used to tract gas and oil resources by drilling wells deep into the earth and injecting water and chemicals with high pressure. this is known to produce toxic wastewater, pollutev ants and is therefore a likely threat to environmental health. fracking is happening in calf but it's not adequately regulated. the precise locations and the number of wells in our state are not recorded. the exact mix of chemicals used are not required to be disclosed among numerous regulatory deficiencies. because there has not been adequate regulatory action at the state lev
plans policy by issuing new bonds as old ones retire and meaning there will be no increase in property tax rates. colleagues, i do hope that you will join us in supporting this essential earthquake safety emergency response bond for the june ballot at its core, this bond measure is about protecting san francisco's future. ~. i do have one other item, which is a resolution on the topic of fracking. colleagues, you've probably known there has been a national and state debate about hydraulic...
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run, it was a net gain for taxpayers, keeping 2.5 million people on the job spending money and paying taxes. >>> the ceo of the new american airlines says no rate hikes for now. they merged yesterday with u.s. airways. doug parker, ceo, says air fares will remain steady. >>> new evidence that the nation's retailers have been scaling back a bit on their holiday hiring. last month, the retailers brought in 471,000 workers. about 5% less than the record of 494,000 workers set last year. analysts say it shows a possible drop in business confidence. >>> forbes magazine is out with a list of what they call hollywood's overpaid actors. topping the list, adam sandler, katherine heigl a close second. reese witherspoon rounds out the top three. forbes arrives at the list after considering a star's pay, the movie budgets, and expenses. i wouldn't mind being on that list. overpaid. >> it usually means underworked, right? >>> well, a new use for the little blue pill. why some doctors are saying viagra might be useful to women? >> really? >>> fun gone too far maybe. a snowball fight getting out of contro
run, it was a net gain for taxpayers, keeping 2.5 million people on the job spending money and paying taxes. >>> the ceo of the new american airlines says no rate hikes for now. they merged yesterday with u.s. airways. doug parker, ceo, says air fares will remain steady. >>> new evidence that the nation's retailers have been scaling back a bit on their holiday hiring. last month, the retailers brought in 471,000 workers. about 5% less than the record of 494,000 workers set...
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CNNW
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point number two, there are no tax increases here. point number three, we're finally starting to deal with auto pilot spending, that mandatory spending that has not been addressed by congress for years. look, this isn't easy. this is the first divided government budget agreement since 1986. the reason we haven't done a budget agreement since '86 is because it's not easy to do. so we know we're not going to get everything we want and she's not going to get everything we want. >>> all right. so there you have it. a major, major deal, words you don't often here in washington, d.c. right now. compromise. and as you heard paul ryan say, a step in the right drink, although there will be plenty of conservatives who won't be happy with this deal. there will be some liberals who won't be happy with it as well. it's still got to pass the house of representatives, pass the senate, go to the president for his signature. if it passes, there will not be a government shutdown in january. we'll be right back. every day we're working to be an even bet
point number two, there are no tax increases here. point number three, we're finally starting to deal with auto pilot spending, that mandatory spending that has not been addressed by congress for years. look, this isn't easy. this is the first divided government budget agreement since 1986. the reason we haven't done a budget agreement since '86 is because it's not easy to do. so we know we're not going to get everything we want and she's not going to get everything we want. >>> all...
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Dec 10, 2013
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ALJAZAM
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point number two, there are no tax increases here. point number three, we're finally starting to deal with auto pilot spending. that mandatory spending that has not been addressed by congress for years. this isn't easy. this is the first divided government budget agreement since 1986. the reason why we haven't done a budget agreement when both houses were controlled by other parties since 1986 is because it's not easy to do. we're not going to get everything that we want and she's not going to get everything that she wants. >> what if they reject it. >> i think we'll pass there though the house. we'll go first given our schedules. we'll post this on our website this evening and we intend to bring it to the house floor later this week. i have every reason to expect great support from our caucus. we're keeping our key principles. no one here had to sacrifice their core principles. our principles are don't raise taxes, reduce the deficit. we also have a lot of concerned members about defense. the next hit was going to hit solely on the m
point number two, there are no tax increases here. point number three, we're finally starting to deal with auto pilot spending. that mandatory spending that has not been addressed by congress for years. this isn't easy. this is the first divided government budget agreement since 1986. the reason why we haven't done a budget agreement when both houses were controlled by other parties since 1986 is because it's not easy to do. we're not going to get everything that we want and she's not going to...
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he compared it to the united states, they need to do much more and they don't have the middle class tax base in which to do it. it is not being felt equally across the population, and i will say this: folks who are rich in south africa are richer today than they were at the end of apartheid and there are more rich people including a growing black wealthy upper class joie. >> you mentioned safety, security, those are long standing issues johannesburg. with the world coming to the stage and so much preparation underway for the big events over the next couple of days can you talk to us about the security questions and how that fits in now? >> yeah. so there won't be as many people as were here for world cup in 2010. you know south africa really had that worked out. they did a great job of keeping this place safe and secure. there will be more world leaders however and they will all be in one place. it will be the stadium in which the last game of the final game of the world cup was played. by the way, the place where nelson mandela was last seen in public. it is supposed to last four hours
he compared it to the united states, they need to do much more and they don't have the middle class tax base in which to do it. it is not being felt equally across the population, and i will say this: folks who are rich in south africa are richer today than they were at the end of apartheid and there are more rich people including a growing black wealthy upper class joie. >> you mentioned safety, security, those are long standing issues johannesburg. with the world coming to the stage and...
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court system, force black people to carry identification at all times, that included their birth place, tax records and any and all encounters with police. and it would have to create boss, the bureau of state security which could use indefinite detention without trial. nelson mandela spent his life fighting against apartheid. he led that fight in the villages of south africa and for 27 years managed to continue to lead that fight from a prison cell most of that time spent on a prison on an island off the coast of south africa. after nelson mandela concurred apartheid, had it erased from south african law, he continued to fight apartness because although the apartheid law was gone, apartness remained in south africa. black and white continued to live mostly apart. if the 20th century had an indispensable man, it was nelson mandela. and south africans knew that, which is why they stood in line for so long when they were offered a chance to vote for him for president. he was, as south african president jacob zuma put it today, the country's greatest son. >> this is the moment of our deepest s
court system, force black people to carry identification at all times, that included their birth place, tax records and any and all encounters with police. and it would have to create boss, the bureau of state security which could use indefinite detention without trial. nelson mandela spent his life fighting against apartheid. he led that fight in the villages of south africa and for 27 years managed to continue to lead that fight from a prison cell most of that time spent on a prison on an...
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taxes mayors originally shelling out r50 billion to bail out general motors. that is the height of the financial crisis. without that bailout the u.s. would have lost more than a million jobs and it could slip into depression and by the way gm closing at a record high yesterday. >>> a woman locked inside a bathroom with no way to escape. >> i also used the leg of the chair to wedge under the door handle and twist, twist repeatedly and that started kind of loosening it. >> it would take a lot more to breaking down the door to escape. the great lengths she had to go to to get out. >> the super bowl experience will be missing. what fans are banned from doing even before the game starts. >> the ceremony getting underway about 15 minutes ago. stay with us. >> an indiana teenager a here refor helping save children from a icy pond who shot and killed a friend who didn't realize his weapon was loaded. 16-year-old aubrey peters was pronounced dead at a local hospital. witnesses say a hand gun was raised to her chest by a fren and fired. jacob mcdaniel is charged monday
taxes mayors originally shelling out r50 billion to bail out general motors. that is the height of the financial crisis. without that bailout the u.s. would have lost more than a million jobs and it could slip into depression and by the way gm closing at a record high yesterday. >>> a woman locked inside a bathroom with no way to escape. >> i also used the leg of the chair to wedge under the door handle and twist, twist repeatedly and that started kind of loosening it. >>...
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Dec 3, 2013
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we have a cook county tax, city tax, an epa tax and a variable state tax that is as high as the price of gasoline goes, the higher the price of the taxes. you have to put a stop to the madness and just raising raisine federal tax, it's going to kick consumers in the teeth who are already struggling from higher healthcare cos, uncertain job market, and now late rates the gas taxes. nothing that hurts the american consumer more than higher gas taxes. i'm the first guy who hears about it when tax goes up. >> let's find out where it went and if it's not enough, we can allocate every penny. have at it. but it's wrong. >> thank you very much. again, folks, this comes down to -- take it from the geeks here at fox. money in and money out. we're getting a lot of money coming into the country, a lot of it from all sorts of folks, including you. so the problem is not all the money coming in, it's all the money going out. this is endem nick of what is wrong in the country. we're big on proposing more money to throw at problems but never looking at the money we have already thrown at that problem.
we have a cook county tax, city tax, an epa tax and a variable state tax that is as high as the price of gasoline goes, the higher the price of the taxes. you have to put a stop to the madness and just raising raisine federal tax, it's going to kick consumers in the teeth who are already struggling from higher healthcare cos, uncertain job market, and now late rates the gas taxes. nothing that hurts the american consumer more than higher gas taxes. i'm the first guy who hears about it when tax...
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Dec 7, 2013
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FOXNEWSW
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it's going to wind up being taxed on somebody else later. unfortunately, we need them in it. $95, whatever the fine is, they need jail is what happens if you don't do it, because we need 100% of the people under 35 on this plan, subsidizing older people. >> okay. on your christmas table, do you think you'll be talking about this? is that going to convince your nieces and nephews to sign up? >> good lord, no. we talk about how tony romo blew another season for the cowboys most likely. gary b. is chicken little, bernard is a fountain of misinformation. let's break this down. amazon can handle 1 million transactions per minute. this government website can handle 50,000. that's how competent these guys are. these guys are ideologue whos w know nothing about people. they understand they've been sold a bill of goods here, they have been told they can keep their doctor, keep their health plan. they know it's not true. >> let's forget about the website. let's think about, instead, are we going to pay more? >> well, we have to, brenda, look, in berna
it's going to wind up being taxed on somebody else later. unfortunately, we need them in it. $95, whatever the fine is, they need jail is what happens if you don't do it, because we need 100% of the people under 35 on this plan, subsidizing older people. >> okay. on your christmas table, do you think you'll be talking about this? is that going to convince your nieces and nephews to sign up? >> good lord, no. we talk about how tony romo blew another season for the cowboys most...
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advantage tax savings plan. ♪ >>> they came out of the gate last week and led the giants 14-0 in the first half. welcome to "redskins showtime" i'm chick hernandez. after a season-long drought in the first quarter the
advantage tax savings plan. ♪ >>> they came out of the gate last week and led the giants 14-0 in the first half. welcome to "redskins showtime" i'm chick hernandez. after a season-long drought in the first quarter the
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tax down to five percent, the personal income tax down to five percent, make the capital gains tax zero, take the payroll tax and bring it down for the employee and the employer. without bringing any new money to detroit, just leaving money in detroit is over a billion dollars that would stimulate detroit's economy. >> basically a flat tax but flat nonetheless. >> absolutely. flat and very low. we also look at regulations and try to get rid of the owner's regulations that's making it expensive for city government and for businesses to locate in detroit. we think if you combine all of this, that it would be the model for how you would rescue cities across the country but any impoverished area. we have impoverished areas in eastern kentucky. we think this same plan would rescue them and parts of louisville and other major cities. >> maybe the country while you're at it. we have had five years of spread the wealth. you didn't build that. share share economics. where has obama failed detroit? >> here's the problem. the president says let me tax houston, send it to washington, then i'll pass
tax down to five percent, the personal income tax down to five percent, make the capital gains tax zero, take the payroll tax and bring it down for the employee and the employer. without bringing any new money to detroit, just leaving money in detroit is over a billion dollars that would stimulate detroit's economy. >> basically a flat tax but flat nonetheless. >> absolutely. flat and very low. we also look at regulations and try to get rid of the owner's regulations that's making...
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Dec 6, 2013
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KQED
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we have tax policies. all of which has contributed to, and workers policies, union policies, labor policies. all of which have been directed to channels for helping those at the very top. and there's no question about it. it's worked. >> go ahead. >> and we're going to pick up on that in just a minutement but we are going to take a short break right now. pick up on this and let david have a chance to weigh in. but right now we are going to take a short break to allow your public television station to ask for your support. and that support helps keep programs like ours on the air. >> woodruff: for those stations not taking a pledge break, living and playing the blues, then and now. in august we aired this look at a musical collaboration between charlie musselwhite and ben harper that spans decades and geography from memphis to chicago to california. jeff is back with our second look. ♪ >> brown: they're from two generations, two different backgrounds and parts of the country. but 69-year-old charlie musse
we have tax policies. all of which has contributed to, and workers policies, union policies, labor policies. all of which have been directed to channels for helping those at the very top. and there's no question about it. it's worked. >> go ahead. >> and we're going to pick up on that in just a minutement but we are going to take a short break right now. pick up on this and let david have a chance to weigh in. but right now we are going to take a short break to allow your public...
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what about taxes? discounting sales tax. portland, oregon, rent the worst but came to the amount of taxes paid. highest taxes for people on vacation according to the global business travel association of business or the managers may pay $22.86 just in taxes. boston and indianapolis in a close second and third. $18.10 respectively there. we have big money in college football. we are going to to the ceo of one of the big playoff games to be and one of the big bowl games. another consequence of health reform. covering the nations volunteer fireman. why would they have to be covered under obamacare? and more on the new ceo of general motors which we talked about earlier. saying moments ago she was the unanimous choice. more details at the top of the hour as "markets now" continues. hi honey, did you get e toastecozy? yep. got all the cozies. [ grandma ] with n fedex one rate, i could ll a box and ship it r one flat rate. so i kn untilt was full. you'd be crazy not to. is tt nana? [ male announcer ] fedex one rate. simple, flat r
what about taxes? discounting sales tax. portland, oregon, rent the worst but came to the amount of taxes paid. highest taxes for people on vacation according to the global business travel association of business or the managers may pay $22.86 just in taxes. boston and indianapolis in a close second and third. $18.10 respectively there. we have big money in college football. we are going to to the ceo of one of the big playoff games to be and one of the big bowl games. another consequence of...
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no new taxes. >> if you liked your doctor, you will be able to keep your doctor period. it's a punchline. this is definitely barack obama's read my lip s moment. >> let me get emily in here to defend whether or not you think it is that serious of a moment. whether we still remember that. >> look, i think today is a rebrand. today is a hit restart button on it. since the health care law started to go into effect. the website was not good but it is not the law. there are other pieces that have gone into effect like being able to get new coverage. young people being able to stay on their parent's coverage. >> yeah, but today republicans agreed on. those are not the things that we are hearing about that are problems with the law itself. but now the president is going to come forward during the month of december. 15 minutes from now we will see what that is about. have a great day. >> thank you. >> the white house seems to be running out of excused for the problems with the website. >> where is the accountability? will somebody get fired over this? >> it is impossible to do s
no new taxes. >> if you liked your doctor, you will be able to keep your doctor period. it's a punchline. this is definitely barack obama's read my lip s moment. >> let me get emily in here to defend whether or not you think it is that serious of a moment. whether we still remember that. >> look, i think today is a rebrand. today is a hit restart button on it. since the health care law started to go into effect. the website was not good but it is not the law. there are other...
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tax senate democrats are going on cuts to providers. in one release mark pryor release said pryor's deciding vote for obama care cut from medicare including nearly 5.4 billion collectly from arkansas. it's a familiar line of attack that was litigated and litigated and litigated and discredited in the last election. >> when congressman ryan looked into the camera and attacked president obama's medicare savings as "the biggest coldest power play," i didn't know whether to laugh or cry. that $716 billion is exactly to the dollar the same amount of medicare savings that he had in his own budget. >> that's always been a problem for republicans on this line of attack. house republicans tell us that they are not looking at the medicare attack line. they want to continue to highlight individual stories when it comes to health care. stories about canceled plans or higher costs. here's what we know they are not going to do. they are not going to walk away from the issue. it's too potent of an issue for the base and what they believe swing voter c
tax senate democrats are going on cuts to providers. in one release mark pryor release said pryor's deciding vote for obama care cut from medicare including nearly 5.4 billion collectly from arkansas. it's a familiar line of attack that was litigated and litigated and litigated and discredited in the last election. >> when congressman ryan looked into the camera and attacked president obama's medicare savings as "the biggest coldest power play," i didn't know whether to laugh or...
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there are tax loops. there are provisions that encourage companies to move jobs overseas that we can close and pay for this. there are other provisions that would stop subsidizing significant multimillion-dollar corporate benefits so that american families could have a chance. so we can do this if we have to but we've got to do it. now, these loopholes that we've talked about and many of my colleagues talked about, they should be closed anyway, but if it helps pay for unemployment insurance, well, that's -- that's not only good, that's something that would be a very positive step forward. we need not only for the individual family but for the overall economy to extend these benefits and we have to start immediately. we're running out of time. we have just two weeks. and nothing's more important than getting people back to work and, as i said, if we don't do this, we're going to see 200,000 jobs that are going to be foregone in the next year. so this is about jobs as well as about keeping families together
there are tax loops. there are provisions that encourage companies to move jobs overseas that we can close and pay for this. there are other provisions that would stop subsidizing significant multimillion-dollar corporate benefits so that american families could have a chance. so we can do this if we have to but we've got to do it. now, these loopholes that we've talked about and many of my colleagues talked about, they should be closed anyway, but if it helps pay for unemployment insurance,...
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the others will accept fees, does that count as a tax or something okay. and grover norrequisite has talked about this. he basically said he wasn't in -- norquist has talked about this. it's going to be close. >> brad, appreciate your time. thank you. >> thank you. >> he's from the washington post and joining us from washington, good to talk to you. >>> a brutal mix of ice, snow and bitter cold has become a really deadly mix from coast to coast right now. travel is dangerous. and if you have booked a flight you may want to call ahead before you get to the airport. chances are it would be a good bet. let's get a check on the weather system now with meteorologist dave warren. dave. >> yeah, it looks like the weather system is really holding together. it's moved out, we're getting a break between system, the pattern is really the same. we could first see this winter weather developing across the northern plains. this is the actual temperature but when you factor in the wind speed i.t. goes to 20 below, fargo, north dakota is 21 below. there might not be a lot
the others will accept fees, does that count as a tax or something okay. and grover norrequisite has talked about this. he basically said he wasn't in -- norquist has talked about this. it's going to be close. >> brad, appreciate your time. thank you. >> thank you. >> he's from the washington post and joining us from washington, good to talk to you. >>> a brutal mix of ice, snow and bitter cold has become a really deadly mix from coast to coast right now. travel is...
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if you construction your taxes so you don't get a tax refund, so you just pay taxes, presumably you won't have a fine. so people are going to game the system because frankly they can't afford. it i talked to a restaurant owner over the weekend. owns nine restaurants. he told me he's forcing good and decent people who follow the rules to be corrupt. he said, i don't want to be corrupt, nobody does, but how do we stay in -- >> it stumbles on, this law. are your colleagues hoping it dies of its own weight? that's easier said than done. >> i hope it goes away. i'm the author of the bill to repeal obama care. we want this to go away because it's killing jobs in this country. killing the economy. it's hurting people's lives in a real-time basis. middle class -- >> does it -- sorry, ma'am, does it bug you when democrats go, yeah, they're going at bashing, but they don't have a plan of their own. there are half a dozen plans -- >> more than that. >> republicans, some say, want to annihilate this and do nothing in return. >> it's political. if you want to address the situation, do one thing -- let
if you construction your taxes so you don't get a tax refund, so you just pay taxes, presumably you won't have a fine. so people are going to game the system because frankly they can't afford. it i talked to a restaurant owner over the weekend. owns nine restaurants. he told me he's forcing good and decent people who follow the rules to be corrupt. he said, i don't want to be corrupt, nobody does, but how do we stay in -- >> it stumbles on, this law. are your colleagues hoping it dies of...
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lowering income taxes, lowering the payroll tax of 2%. and then suspending the capital gains tax with later investments. would that solve detroit's problem? >> it would go a long way to helping. i think that cities like detroit can have a renaissance and i really believe that. but you have such high taxation. especially when you're talking about a 5% tax in detroit. that is down from 35 or 40%. you are talking about a significant incentive for businesses to locate this in detroit or chicago or other major cities and this can be a showcase for how to print businesses and bring him back and what you have unemployment rates sometimes 10 or 20%. bill: what is the political makeup. >> 70%? >> i know that it's over 70%. some of the central cities, i think detroit is one of them and you get 80% of those voters voting republican and here is the problem. people have moved out and you're talking about a bill that 25 or 30 years ago had about 2 billion people and this is capital moving out, families are moving out and the only way to save the city i
lowering income taxes, lowering the payroll tax of 2%. and then suspending the capital gains tax with later investments. would that solve detroit's problem? >> it would go a long way to helping. i think that cities like detroit can have a renaissance and i really believe that. but you have such high taxation. especially when you're talking about a 5% tax in detroit. that is down from 35 or 40%. you are talking about a significant incentive for businesses to locate this in detroit or...
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had failed, it would have cost $1.9 million jobs and more than $39 billion in tax revenue. >> pelley: but anthony, you have to wonder, if the government had waited, would taxpayers have lost less? would the stock have gone up? >> reporter: the stock is at its high of the year, scott, that's one thing to consider. the other major reason the government did this is they made a pledge earlier this year they intended to be out of general motors by the beginning of next year. >> pelley: and so they are. anthony, thanks very much. there is more snow coming to places still recovering from that weekend storm. at least 14 people have been killed. on interstate 81 in maryland, traffic got tangled in the snow today. more than 1,600 flights were canceled. 32,000 homes and businesses are without power tonight. the next round of snow will stretch from the appalachians to new england. here's jeff pegues. >> reporter: across the east coast today, the storm moved out and the utility companies marched in. carl neddenien is with dominion power in richmond, virginia. >> the tree limbs that have been weigh
had failed, it would have cost $1.9 million jobs and more than $39 billion in tax revenue. >> pelley: but anthony, you have to wonder, if the government had waited, would taxpayers have lost less? would the stock have gone up? >> reporter: the stock is at its high of the year, scott, that's one thing to consider. the other major reason the government did this is they made a pledge earlier this year they intended to be out of general motors by the beginning of next year. >>...
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they are a tax cut for consumers. they are a tax cut for businesses. that is good for the economy and, therefore, that's good for the stock market. >> agreed, larry, but we had a $4 pop in crude oil. so i think they cut a lot of shorts on hand. it's all about this pipeline, this connection from cushing down to port arthur coming online in january. it caught these shorts on the run. now we're seeing this movement up. lower prices are better for the consumer but right now it seems like we're going test out and see if we can get back to 100. >> that's going change. that's just technical stuff. that's pipeline stuff. that will change and get straight end out. whether the keystone gets built or not is a different question. look, i don't think -- scott, i don't think this is goldilocks because to me goldilocks was 4% growth and 2% inflation. it is kind of mini, mini goldie lock, 2, 2.5% growth and 0% inflation. in that environment, long run investors which is the only kind of investing makes stones me, hang in there, ignore these blips and stay with it becau
they are a tax cut for consumers. they are a tax cut for businesses. that is good for the economy and, therefore, that's good for the stock market. >> agreed, larry, but we had a $4 pop in crude oil. so i think they cut a lot of shorts on hand. it's all about this pipeline, this connection from cushing down to port arthur coming online in january. it caught these shorts on the run. now we're seeing this movement up. lower prices are better for the consumer but right now it seems like...
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nokia owes up to $3.4 billion in taxes. they earlier said they owed $2.4 million. it's quite a big jump. we'll keep our eyes on that. anyway, that's a big bill if it's true. >>> eads, meanwhile, has outlined a restructuring plan which will enhance its business competitive. stephane is in paris with the reaction and the detail. stephane. >> and among the reactions, the french labor minister says it's unacceptable for eads to get overall stat in france. he said the large company and profitable group like eads should have a duty to ensure that there are no forced layer. the comments came just a few hours after eads announced 5,800 job cuts. restructuring will affect roughly 2,000 jobs in germany, 1,260 in france, 567 in spain and 550 in the united kingdom. in france, eads is going to sell its paris headquarter, since the headquarter of the company has been moved. the plan will be implemented over the next three years. some of the terms will be offered in terms of mobility. but eads warned this morning that there could be additional job cuts in the future should the bu
nokia owes up to $3.4 billion in taxes. they earlier said they owed $2.4 million. it's quite a big jump. we'll keep our eyes on that. anyway, that's a big bill if it's true. >>> eads, meanwhile, has outlined a restructuring plan which will enhance its business competitive. stephane is in paris with the reaction and the detail. stephane. >> and among the reactions, the french labor minister says it's unacceptable for eads to get overall stat in france. he said the large company...
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and to pay taxes here as well as to the people in south africa. and as a result of that, the companies left. nelson mandela knew thought was the pressure that we put on american firms that broke the economy, that led to the crushing of apartheid. and he was deeply appreciative of that. he knew that we had in america spots that we were not proud of on our history. but he also knew that it was our constitution and our love for freedom was what he was wanted to and did bring to south africa. so anybody that would say because castro and the other countries were more sympathetic than we were, you bet your life we're not proud of the fact that we were late to get involved in this freedom fight. but nelson mandela loved america, and he loved the appreciation that we have given to him. but finally i want to say one gift that he gave to black america was our heritages. we have been raised and separate from africa from the time we came here in slavery. we lost our names, our culture, our music. and not only did they take it away but they would have us to be
and to pay taxes here as well as to the people in south africa. and as a result of that, the companies left. nelson mandela knew thought was the pressure that we put on american firms that broke the economy, that led to the crushing of apartheid. and he was deeply appreciative of that. he knew that we had in america spots that we were not proud of on our history. but he also knew that it was our constitution and our love for freedom was what he was wanted to and did bring to south africa. so...
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trace gallagher has the story. >> reporter: the tax is called a reinsurance fee. it's on nearly every health plan for the first three years, meant to raise about $25 billion over the three years to help pay for people with pre-existing conditions. if the change is approved nobody would be exempt next year. in 2015 and 2016 groups that act as their own insurance companies and their own claims processors would be exempt to unions that self-insure would greatly benefit. republican senator orin hatch says it certainly looks like the obama administration is looking at a special deal for unions which is deeply concerning given the problems that all americans are facing due to obama care. now the unions argue this is not aimed at them. it's not nearly enough. the laborers union says, again quoting, as the new regulations offer no substantive relief for our health care plan the laborers union will continue to look for opportunities to fix this egregious tax on our members and their families. remember, the unions fought to help the president get elected and fought to pass
trace gallagher has the story. >> reporter: the tax is called a reinsurance fee. it's on nearly every health plan for the first three years, meant to raise about $25 billion over the three years to help pay for people with pre-existing conditions. if the change is approved nobody would be exempt next year. in 2015 and 2016 groups that act as their own insurance companies and their own claims processors would be exempt to unions that self-insure would greatly benefit. republican senator...
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tax because he raises honeybees' he qualifies for the honeybee subsidy. bruce springsteen owns hundreds of acres of land but pays little tax because a an organic farmer works his land his pour neighbors pay more. >> i don't get anybody trying to lower taxes but bonn jovi and springsteen publicly supporting for obama holding rallies but then cry tax cuts for their riches and they robbed of poverty programs and a social contract with america being destroyed the middle-class is harmed but then you rob those anti-poverty programs by calling yourself a former? that is the hypocrisy that is frustrating to e why i wrote the book calling of these people on their duplicity. john: one final example some of the activists are so eager to promote anti- capitalist they glamorize people like bill ears -- bill ayers they killed people and bombed buildings and obama held a fund-raiser in bill ayers living room so robert redford came out with a movie based on the weather underground that the terrorists are on the run. >> we'd never be trade any of us all these years. >> i
tax because he raises honeybees' he qualifies for the honeybee subsidy. bruce springsteen owns hundreds of acres of land but pays little tax because a an organic farmer works his land his pour neighbors pay more. >> i don't get anybody trying to lower taxes but bonn jovi and springsteen publicly supporting for obama holding rallies but then cry tax cuts for their riches and they robbed of poverty programs and a social contract with america being destroyed the middle-class is harmed but...
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p on the final days of the fiscal year. >> total for the year the department spent 450,000 dollars, tax payer dollars or alcohol. where they trying to spend the money in the budget to prevent congressional cuts in the future? >> the state department, i had an opportunity to travel to many of them, there's a lot of entertaining that goes on a lot of ir responsibility. >> you are missing the point. the whole point is how can you ever cut spending if the entire ethic of government is to spend your allocation before the time runs out. >> is the government's booze budget careless spending or the cost of doing business? send us a note on foxfriendsfirst@foxnews.com. >> be have hinterested to hear people have to say. it is 18 after the top of the hour. extreme measures after one of the worst's animal attacks in the state's history. >> they are putting up all of the beautiful christmas lights in one city. now local lawmakers are playing scrooge. >> a florida woman recovering in it the hospital the morning after what is being called the most serious bear attack in the state's history. she was wa
p on the final days of the fiscal year. >> total for the year the department spent 450,000 dollars, tax payer dollars or alcohol. where they trying to spend the money in the budget to prevent congressional cuts in the future? >> the state department, i had an opportunity to travel to many of them, there's a lot of entertaining that goes on a lot of ir responsibility. >> you are missing the point. the whole point is how can you ever cut spending if the entire ethic of...
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they're tax-he exempt. they're creating legislation was claiming a charity doing no political work at all. and therefore tax-exempt. so they're trying to set up a new project called the jeffersonian project, which will be a different tax exempt status that would allow them to do more lobbying. >> ken, there are obviously some changes perhaps afoot in what these tax exempt organizations could do. how might that impact this idea that a.l.e.c. creates this new 501(c)(4)? >> from what i understand, this 501(c)(4) created fits the definition of what they're supposed to do. that is lobbying on legislation, issue advocacy, where the 501(c)(4)s kind of ran afoul in the mind of critics of what the tax law says, is when they became more overt political organizations and gauging in campaigns, airing attack ads, the karl rove group, americans for prosperity, the koch brothers group, where they went after president obama. well, that is more overt political activity, whereas these 501(c)(4)s are supposed to do more issue
they're tax-he exempt. they're creating legislation was claiming a charity doing no political work at all. and therefore tax-exempt. so they're trying to set up a new project called the jeffersonian project, which will be a different tax exempt status that would allow them to do more lobbying. >> ken, there are obviously some changes perhaps afoot in what these tax exempt organizations could do. how might that impact this idea that a.l.e.c. creates this new 501(c)(4)? >> from what i...
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he will tax if he decides to and write regulations if he decides to. and he will decide the constitution if he decides to. honestly, i wanted a phone with a better camera. my boyfriend has a lot of can't-miss moments. i checked out the windows phones and saw the lumia 10 has 41 megapixels. so i can zoom way in even after i take the picture. and i can adjust the shot before i take it so i get it exactly how i want. so, i went with a windows phone. maybe i just see things other people don't. ♪ honestly ♪ i wanna see you be brave ♪ that's the sound of car insunce companies these days. here a cheap, there a cheap. everywhere a cheap... you get it. so what if instead ofjust a cheachoice, you could make a smart choice? like esurance for example they were born online and built to save people money from the beginning. that's what they've always ne. not just somhing they...cheep about. that's insurance for the modern world. esurance. now backed by allstate. click or call. >>> it's time for mistletoe and holly. >>> well, new developments tonight in the sto
he will tax if he decides to and write regulations if he decides to. and he will decide the constitution if he decides to. honestly, i wanted a phone with a better camera. my boyfriend has a lot of can't-miss moments. i checked out the windows phones and saw the lumia 10 has 41 megapixels. so i can zoom way in even after i take the picture. and i can adjust the shot before i take it so i get it exactly how i want. so, i went with a windows phone. maybe i just see things other people don't. ♪...
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this is some way you don't have to buy sales tax. that i think is going to be going away. >> that's great for the shopper. that stinks for macy's, the brick and mortar company. >> sure. >> and those with -- the loser here are consumers. the losers up until now have been the bricks and mortar stores. >> and the supreme court never has to comment. >> they're the supreme court. >> christine and i were talking about this issue. and i think what we're doing is forcing congress to act. it's the purview of congress. and what they're saying is, look, we have a judicial job to do which is to determine constitutionality. but you guys in congress, if you want you've formality among states, that's up for you to decide. and new york state, of course, we have the online tax and that was challenged. it was upheld by the court of appeals. in illinois, however, they attempted to model a law right after new york concerning online retailers and it was struck down. that's why there was some hope whenever there's a sorts of a patch work of different stat
this is some way you don't have to buy sales tax. that i think is going to be going away. >> that's great for the shopper. that stinks for macy's, the brick and mortar company. >> sure. >> and those with -- the loser here are consumers. the losers up until now have been the bricks and mortar stores. >> and the supreme court never has to comment. >> they're the supreme court. >> christine and i were talking about this issue. and i think what we're doing is...
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with other ways to reduce costs including abandoning retiree health care and passing a higher sales tax. >> we have made drastic reductions in our workforce which again reduces the liability we would have for the pensions going forward. we have also made drastic reductions in the actual pay that our employees receive. >> the detroit decision paves the way for at least one creditor and a coalition of lenders. >> we lost our medicals, we've taken a hit. it's not like let's say all the creditors taken a hit but the employees didn't, we did, we took a big hit. >> it's become a complicated matter one for alfred and those like him across the country who face a less secure and cozy future. melissa chan, al jazeera, stockton, california. >>> nearly five years ago, to save the struggling auto maker but that cost the american taxpayers. the taxpayers paid $50 billion to recoup gm but recovered only about 39 billion. that was less than it would have cost the country, says the government, to let gm go under. >>> the new violence for brazil and the safety fears for the game. >>> plus fizzled out, th
with other ways to reduce costs including abandoning retiree health care and passing a higher sales tax. >> we have made drastic reductions in our workforce which again reduces the liability we would have for the pensions going forward. we have also made drastic reductions in the actual pay that our employees receive. >> the detroit decision paves the way for at least one creditor and a coalition of lenders. >> we lost our medicals, we've taken a hit. it's not like let's say...
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your new plan is going to tax me. i need to buy another truck and build the company and i am getting taxed more and more. >> i don't want to punish your success, put i want to make sure everybody who is behind you has a chance like that, too. everybody is so pinch that business is bad for everybody. when you spread the wealth, it is good for everybody. >> and that is fine from a political point of view as the president talked about rich people like mitt romney and he used his opponent and john mccain's family and talked about shouldn't rich people like romney be compelled to give more to help those who are not as lucky. middle class, ordinary, regular folks, not even buying plumbing companies, but trying to make ends meet to pay for their own health insurance are being thrown out plans and if they can fight themselves through the website, they can find plans they can't afford. >> just about out of time. but your column today is beautiful and dark in that it discusses your dad and politics today. tell us about that. i
your new plan is going to tax me. i need to buy another truck and build the company and i am getting taxed more and more. >> i don't want to punish your success, put i want to make sure everybody who is behind you has a chance like that, too. everybody is so pinch that business is bad for everybody. when you spread the wealth, it is good for everybody. >> and that is fine from a political point of view as the president talked about rich people like mitt romney and he used his...
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. >> she was told you need a license to help people with taxes. >> free enterprise is at stake. >> this man after selling t-shirts here for 30 yyars was told you must stop. this is just the rules from friday, december 16th. tiny fine print here. >> yep. >> every day is another book. and you have to know everything in here or you can go to jail? >> that's right. here i am a constitutional lawyer and i have no idea what is in these books. >> each and every one of these is incomprehensible. >> and unnecessary. i flip open this book, this is department of energy regulations on the formula for determining the energy efficiency of a commercial ice maker. somebody that runs a bar or restaurant can go to the manufacturer, say give me an ice maker. if it works, the market says what's the best -- >> we don't need reviews. >> we don't need the federal government printing mathematical formulas, requiring everybody to conform to this sort of bizarre bureaucratic standard. >> i keep every day getting more of this stuff. >> and it doesn't go away. >> like a disease. like a mold. seeps through slowly a
. >> she was told you need a license to help people with taxes. >> free enterprise is at stake. >> this man after selling t-shirts here for 30 yyars was told you must stop. this is just the rules from friday, december 16th. tiny fine print here. >> yep. >> every day is another book. and you have to know everything in here or you can go to jail? >> that's right. here i am a constitutional lawyer and i have no idea what is in these books. >> each and...
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and vital stats and what you put on the tax return, insurance companies need to verify that and those forced to do it through the obama website and healthcare.gov, are not able to do. that we hear it is not working cleanly. and as time ticks by. insurance companies are looking for our tech people to come in and solve the problem. >> they are in the business to make money. eligibility verikdz. and the phrase you will hear about. that is still not happening, right? >> no, it is enormous. that's how they price the p and get you over the finish line and look at the fixes and blue cross blue shield where they hired temporary people to come back and the information was filled incorrectly in the field. and now places like florida and even reports in connecticut, where they are saying, maybe we need to interact with the state's website to it verify the information. and maybe we need to hire an outside vendor to verify the information without relying on the federal website. >> say norred? >> florida, ohio and texas, they have pilot programs where they are trying to figure out nuts and bolts on
and vital stats and what you put on the tax return, insurance companies need to verify that and those forced to do it through the obama website and healthcare.gov, are not able to do. that we hear it is not working cleanly. and as time ticks by. insurance companies are looking for our tech people to come in and solve the problem. >> they are in the business to make money. eligibility verikdz. and the phrase you will hear about. that is still not happening, right? >> no, it is...
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you had sent a flat individual and corporate tax rate with 5%. give parents more school choice and education tax credits and loosen visa rules to encourage entrepreneurs to open businesses. while those are all good ideas, you've got to pour more government money into those inner cities if you're going to make a difference. >> well, chris, it hasn't worked. the president pours a trillion dollars into the nation's economy when you divided it out, it was about $400,000 per child. the problem with a government stimulus is you pick the winners and loser rs. with this stimulus i'm talking about, a free market stimulus, you simply leave the money in the hands of those who have earned it, so the customers have pickeded out the successful people. those people get more money. like i met a young man, young african man who has his own restaurant. his first question is do you have any tax breaks for me for my business. that's what what would do. help people in business and trying. >> but i don't have to tell you senator, republicans have a steep hill to climb
you had sent a flat individual and corporate tax rate with 5%. give parents more school choice and education tax credits and loosen visa rules to encourage entrepreneurs to open businesses. while those are all good ideas, you've got to pour more government money into those inner cities if you're going to make a difference. >> well, chris, it hasn't worked. the president pours a trillion dollars into the nation's economy when you divided it out, it was about $400,000 per child. the problem...
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>> that is basically an outright lie, no tax money goes towards paying abortions. essentially they have this exact legislation that the state legislature approved last year. however, governor rick snyder vetoed it because it saddles women unnecessarily with extra costs. what woman ever ands the victim of a crime or potentially being raped? what they want to do in order to avoid having the governor sign the bill, they had to get 3% of michigan's population to sign a petition saying that they believe in this legislation. what's next, they have 40 days to get the legislature to pass it. and because the legislature has voted and passed this legislation it's likely they'll do it again. >> the assertion from -- let me play in her own words, genevieve martin. let's play what she said regarding tax dollars here. >> the impetus behind this is that we believe abortion is not health care and that tax dollars should not be going to subsidize abortion. this is not about the legality of abortion or access to abortion. it really is about who pays for it. >> federal law prohibits
>> that is basically an outright lie, no tax money goes towards paying abortions. essentially they have this exact legislation that the state legislature approved last year. however, governor rick snyder vetoed it because it saddles women unnecessarily with extra costs. what woman ever ands the victim of a crime or potentially being raped? what they want to do in order to avoid having the governor sign the bill, they had to get 3% of michigan's population to sign a petition saying that...
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i think people are taxed to death. you know, i don't mind two tier healthcare if you like healthcare you pay for it i understand that. but, you know, and we have general healthcare up here or old hip we call it. but, it's going to cost a fortune for you guys to put in this obamacare. i don't see how the people are going to be able to afford it, to tell you the truth. >> mayor ford was invited to the radio show that talk about sports. urgent warning to computer users around the world. more than two million facebook, google and twitter pass words have been stolen. in response to the giant hacking. online networks have disabled the effective pass words and that's tonight's speed read. >>> and now why do the democrats keep telling us things they know aren't true? >> remember what the president said, if you like your insurance you can can keep it. >> if you like your healthcare plan, you will be able to keep your healthcare plan. period. >> what he said was true. >> okay. if you want to keep the insurance you have, you can
i think people are taxed to death. you know, i don't mind two tier healthcare if you like healthcare you pay for it i understand that. but, you know, and we have general healthcare up here or old hip we call it. but, it's going to cost a fortune for you guys to put in this obamacare. i don't see how the people are going to be able to afford it, to tell you the truth. >> mayor ford was invited to the radio show that talk about sports. urgent warning to computer users around the world. more...
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Dec 6, 2013
12/13
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BLOOMBERG
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the city wants damages for reduce property taxes and the cost of maintaining foreclosed homes. commodities have been much in the pictures. look at gold, all over the place. mining companies are reacting to the challenges of slashing costs and delaying capital investment. alix steel is here looking at commodities. she knows how to pronounce vale. >> they are the biggest i am producer in the world. that is used to make steel, which is made and everything. what other companies are doing, trimming investments for a third year, selling assets including $10 million of it cold unit. doingo said they were that, trying to trim the fat down. >> everybody else does it. brazil?unique to >> they are based in brazil so the question happens to what is going to happen to brazil's credit-rating? has indit default market trading as if they are linked. swap prices have been rising as a threat of a possible downgrade in brazil. >> you are good at this, link this to the blood we have seen in gold this week. there is a commodities silver cycle, there is a debate along broad come -- along broad movem
the city wants damages for reduce property taxes and the cost of maintaining foreclosed homes. commodities have been much in the pictures. look at gold, all over the place. mining companies are reacting to the challenges of slashing costs and delaying capital investment. alix steel is here looking at commodities. she knows how to pronounce vale. >> they are the biggest i am producer in the world. that is used to make steel, which is made and everything. what other companies are doing,...
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Dec 6, 2013
12/13
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FOXNEWSW
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when obama inherited the office, rich people were getting big tax breaks. >> you mean the tax breaks that b obama kept? >> yes. >> now they're not is what you're saying? >> yes, they took the tax breaks away. >> how do you explain the top 1% is outpassing by seven times what the lower 99 are making? >> here's exactly what obama -- >> believe it or not, president obama has actually widened the income gap but in a good way, bob, in a good way, because the 1% is going up, 34%, 99%, 4%, but they're going up, so that's a good thing. incoming equality is a misnomer. if the rising tide is rising all boat, raising all boats, that's a great thing. >> how can you say 15 years the top 1% increase of income take home pay is 247% and middle clashgs over the same 15 years, is 15%? you're saying that's equal? >> he's saying the numbers are rising up and that's good. >> it's better for everyone when this happens. >> when the rich people get richer? >> and the poor people get richer, yes. >> before you continue, let me get greg in here first. because you earlier were talking -- >> this argument about
when obama inherited the office, rich people were getting big tax breaks. >> you mean the tax breaks that b obama kept? >> yes. >> now they're not is what you're saying? >> yes, they took the tax breaks away. >> how do you explain the top 1% is outpassing by seven times what the lower 99 are making? >> here's exactly what obama -- >> believe it or not, president obama has actually widened the income gap but in a good way, bob, in a good way, because the...
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Dec 10, 2013
12/13
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BLOOMBERG
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taxes on my jean, rental cars. the question is whether the public will eventually repay the money. >> what is the new now? ?> as far as facilities >> or the pushback. >> acting strong pushback. -- i think strong pushback. dan francisco has a new facility, the public is involved and it seems to be working well there. a lot depends on whether you can get mixed use development around the facility. alternately bringing new money into the county or municipality. that alone will depend on whether or not it was successful. >> i believe there is a football game in january and february in three feet of snow in new jersey? >> i'm not to mention the ice hockey game in new jersey as well. the facility -- paid for by taxpayers >> the owners were on the hook. but they sold licensing to the public. in some ways the public is paying for the stadium because they have to buy the right to buy the tickets. >> we talked about how fenway park is 100 years old. the vikings are getting a new stadium. the marlins are getting a new stadium.
taxes on my jean, rental cars. the question is whether the public will eventually repay the money. >> what is the new now? ?> as far as facilities >> or the pushback. >> acting strong pushback. -- i think strong pushback. dan francisco has a new facility, the public is involved and it seems to be working well there. a lot depends on whether you can get mixed use development around the facility. alternately bringing new money into the county or municipality. that alone will...
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Dec 7, 2013
12/13
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FOXNEWSW
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next they'll tax the reindeer outside. what's next? >> we have extreme weather alert, at least 11 people are dead after a winter storm packed with snow, ice and surprisingly cold temperatures descended on the united states. ice, sleet and snow in parts of texas caused several accidents, power outages and flight cancellations. >> check out this video out of duluth, minnesota. an eerie steam effect on lake superior. this happens when the water temperature is warmer than the air. over the past week duluth got almost 3 feet of snow. rick reichmuth is standing by, a tweet from murray holderman in montana. he says it's negative 13 right now. >> yeah, warm. >> negative 13. >> better than glass cow where it's minus 32. >> in montana. the cold is extreme. the temperatures in the far northern rockies and plains seems crazy cold and it is for that area but it's crazy cold to the south. you're 1 degrees in midland, texas, and 21 in dallas and 4 in amarillo. factor in the wind, it feels colder than that. feels like minus 8 in amarillo, texas. it gi
next they'll tax the reindeer outside. what's next? >> we have extreme weather alert, at least 11 people are dead after a winter storm packed with snow, ice and surprisingly cold temperatures descended on the united states. ice, sleet and snow in parts of texas caused several accidents, power outages and flight cancellations. >> check out this video out of duluth, minnesota. an eerie steam effect on lake superior. this happens when the water temperature is warmer than the air. over...
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Dec 9, 2013
12/13
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ALJAZAM
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come up with other ways to reduce cost, including abandoning employee health care and passing a sales tax. >> we have made drastic reductions in our sales force which reduces the liability for the peptions going forward. we have also made drask are reductions in the pay our glows really proceed. >> go after stockton's pension fund, an unlikely prospect for retired stockton city workers. >> we've already lost our medicals, we've taken a hit, others didn't but we did, take a big hit. >> it's become a complicated legal matter but one to follow closely for alfred and others like him across the country. melissa charn, al jazeera, stockton, california. >>> a huge deal has got passengers asking, will air flight be more expensive? american airlines and u.s. airways have completed their merger. four airlines now control 80% of the country's flights. david shuster is sitting in for ali velshi who is leading our team in johannesburg. dave, good to talk to you. what does the airline sector look like after this deal? >> tony, the latest round of consolidation began in 2005, american eagle, delta, nort
come up with other ways to reduce cost, including abandoning employee health care and passing a sales tax. >> we have made drastic reductions in our sales force which reduces the liability for the peptions going forward. we have also made drask are reductions in the pay our glows really proceed. >> go after stockton's pension fund, an unlikely prospect for retired stockton city workers. >> we've already lost our medicals, we've taken a hit, others didn't but we did, take a big...
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Dec 5, 2013
12/13
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CNBC
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they leave out the earned income tax credit, for example. these things are so -- >> you have to look at the report that says all of that stuff. >> we did. that looks much better. jared, let me ask you this. i listened to the president's so-called solution today. he wants to raise the minimum wage, right? he wants more infrastructure spending. he wants to end tax loopholes. he wants more spending. can i just say how totally boring that is? that's all he ever says. the guy either needs, a, a new speech writer or, b, a new policy or preferably both because he can't keep standing up with the same four silly bullets and say that that is going to improve the american economy which is producing the worst economic recovery in the modern era. >> i wouldn't expect you to -- i wouldn't expect you to like three of those four, but the fact that he has consistently talked about lowering the corporate tax -- >> but he didn't talk about that today. >> he did. >> he just talked about closing loopholes. >> he's referencing his plan to lower the corporate rate
they leave out the earned income tax credit, for example. these things are so -- >> you have to look at the report that says all of that stuff. >> we did. that looks much better. jared, let me ask you this. i listened to the president's so-called solution today. he wants to raise the minimum wage, right? he wants more infrastructure spending. he wants to end tax loopholes. he wants more spending. can i just say how totally boring that is? that's all he ever says. the guy either...
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Dec 6, 2013
12/13
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KPIX
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and hispanic neighborhoods driving down property values and costing the city hundreds of millions in tax dollars. it's also more expensive to finance a home this week. according to freddie mac, the average rate on a 30-year fixed loan jumped to 4.46% from 4.29% last week. the rate on a 15-year loan increased to 3.47%. well, brace yourself because milk prices could double next year to $7 a gallon. that's if congress doesn't reach an agreement on a new farm bill by january 1. and it's not just milk we're talking about. we could see higher prices for other dairy products like butter and cheese. at issue is how to restructure subsidies that the government offers farmers. and it turns out it does cost more to eat healthy. researchers at harvard university found a diet rich in fruits, veggies, fish and nuts cost about $550 more per person per year. starting today starbucks is offering a $450 metal gift card for the holidays. it comes preloaded with 400 bucks but you will have to act fast. last year, all 5,000 of the deluxe cards sold out in six minutes. this year starbucks is only offering 1,0
and hispanic neighborhoods driving down property values and costing the city hundreds of millions in tax dollars. it's also more expensive to finance a home this week. according to freddie mac, the average rate on a 30-year fixed loan jumped to 4.46% from 4.29% last week. the rate on a 15-year loan increased to 3.47%. well, brace yourself because milk prices could double next year to $7 a gallon. that's if congress doesn't reach an agreement on a new farm bill by january 1. and it's not just...
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Dec 9, 2013
12/13
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ALJAZAM
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the reforms mexico would create a sovereign fund to manage the money generated 50 energy sector after taxes have been collected. as adam reiney reports, the energy bill is not going well with the public. >> protestors have come out in mexico city, just a day after the oil reform package was introduced in the senate. this oil reform is to make more modified the pemex, the state-run oil system. a sacred national resource. pemex was created in 1938, when the president nationalized the product. people marching on sunday say what they're most afraid of is give aways to private companies, to foreign companies, to u.s. based companies. in fact this oil reform package does create a system or would create a system of licenses to allow private companies to not only profit but also run some of the oil and gas fields in mexico. protestors focus their energy on the senate where the reform package was being debated. it's been surrounded by barricades and there is a heavy police presence. there's a clearly tense debate going on in mexico. it looks likely to pass later in the week but we'll see protests in
the reforms mexico would create a sovereign fund to manage the money generated 50 energy sector after taxes have been collected. as adam reiney reports, the energy bill is not going well with the public. >> protestors have come out in mexico city, just a day after the oil reform package was introduced in the senate. this oil reform is to make more modified the pemex, the state-run oil system. a sacred national resource. pemex was created in 1938, when the president nationalized the...